Prime News Kenya

Current Business News in Kenya: Banking | Economics

US cranks up trade deal with Kenya

Kenya’s deal with the US for a Free Trade Agreement is taking shape with United States Trade Representative Robert Lighthizer notifying Congress officially of a plan that is likely to threaten the unity of the East African Community.

Gold firm to invest Sh2.4bn in Kenya mines

Guernsey-incorporated Shanta Gold is set to invest $24 million (Sh2.4 billion) in staffing and gold exploration costs in Kenya after buying seven mining licences covering the Western part of the country from Toronto-based Barrick Gold Corporation.

NCA seeks more bite in enforcing building code

The National Construction Authority (NCA) is now pushing for legal reforms that will give it prosecutorial powers in a bid to tame rising cases of buildings collapsing in the country.

Changes as Barclays rebrands to Absa

Barclays on Monday advised its customers to be alert against fraudsters as it completed its legal name change to Absa Bank Kenya.

Kenya-Ethiopia border trade point to open in Marsabit

The national government is finalising plans to establish another border entry point in Marsabit County in addition to the gazzetted Moyale one-stop border point to facilitate trade and free movement of people between Kenya and Ethiopia.